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SpaceX stock sinks below $135 IPO price for the first time(cnbc.com)
37 points by abduhl a day ago | 7 comments
dhruvyads a day ago | parent | next [-]

And the lock up period isn't even over yet.

ChrisArchitect a day ago | parent | prev | next [-]

Related:

SpaceX bond worth 10% less than issue price – heading for junk bond status

https://news.ycombinator.com/item?id=48920181

tiahura a day ago | parent | prev | next [-]

Hard not to notice how low they’ve set the bar for tomorrow’s flight.

verzali a day ago | parent | prev | next [-]

Plenty of room to keep falling.

stri8ted a day ago | parent | prev [-]

Still has a 1.78T market-cap. It will be OK.

theplumber a day ago | parent | next [-]

So still 1.5T to go down?

SilverElfin a day ago | parent | prev [-]

I guess if you start an absurdly high number that makes no sense, then somehow group think only brings it down a bit and it’s still better than aiming for “true” valuation?